River Eletec Corporation reported consolidated and non-consolidated earnings results for the year ended March 31, 2015. For the year, the company reported consolidated net loss of ¥661 million or ¥89.77 per share, ordinary loss of ¥674 million and operating loss of ¥777 million on net sales of ¥4,773 million against net loss of ¥236 million or ¥32.11 per share, ordinary loss of ¥177 million and operating loss of ¥320 million on net sales of ¥5,734 million for the same period in the last year. Cash flows from operating activities was ¥268 million against ¥425 million a year ago.

For the year, the company reported non-consolidated net loss of ¥1,031 million or ¥139.92 per share, ordinary loss of ¥598 million and operating loss of ¥235 million on net sales of ¥4,377 million against net loss of ¥354 million or ¥48.09 per share, ordinary loss of ¥213 million and operating loss of ¥45 million on net sales of ¥5,199 million for the same period in the last year.


The company provided earnings guidance for the fiscal year ending March 2016. For the year, the company expects net income of ¥16 million or ¥2.19 per share, ordinary income of ¥26 million and operating income of ¥32 million on net sales of ¥5,485 million.

The company provided earnings guidance for the first half ending September 2015. For the period, the company expects net income of ¥5 million or ¥0.73 per share, ordinary income of ¥9 million and operating income of ¥8 million on net sales of ¥2,570 million.